Year-to-date refers to the period from the beginning of the current fiscal year up to the present date. It’s used in financial reports to track performance, such as revenue, expenses, or profits, and helps businesses compare progress against budgets or prior-year figures.
YTM is the total return expected on a bond if held until it matures, considering its current price, coupon payments,…
Yield refers to the return on an investment, typically expressed as a percentage of its cost or current value. In…
Year-end closing is the accounting process of finalising all transactions, adjusting entries, and preparing financial statements at the end of…
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